Will the government finally deliver a housing policy that stops making a bad situation worse?

‘As I have long argued, the introduction of the capital gain tax discount helped turn the housing market into a speculators’ dream, and sent house prices soaring,’ Greg Jericho writes. Photograph: Bec Lorrimer/The Guardian

Excuse me while I let out a long sigh of frustration.

Australia’s housing policy has for so very long been about making the problem worse by juicing up demand. This is undeniable. The evidence is long and clear.